Technically, In the MT, Nifty has UPWARD BIAS with ST Downward BIAS!
Once that FIIs SELLing stop for sometime, then Nifty will move into BULL Trend resulting in Nifty value higher than 4650 this time! :)
Refer to following 3 points on Nifty.. NIfty will not go below 3790 unless FIIs just go for MAD SELLing !!
Here are 3 points ... LT investors are going to be rewarded SHORTly... remember the current PLAN in the GAME is to get RID of those HABITUAL BEARS! :) :)
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Jul 16, Aug 12, Sep 12 .. 3rd point still go down below Sep 12 and will remain above Jul 16... So BUILD you positions with Nifty (no SL - around 3750)... 4th Point to go above that of Aug 12 in MT, possibly in October!
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PLAN you GAME accordingly! :)
SHORT SELLers Please feel free to SHORT SELL Nifty to BRING that to below 4000 level!
Gud luk & happy investing! :) |
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